marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

Port of Greater Baton Rouge Appoints Three New Directors

Port of Greater Baton Rouge Appoints Three New Directors

Volare Shipping Acquires VLCC Newbuild for $210m

Tanker Operator Furetank Nabs International Award

Tanker Operator Furetank Nabs International Award

Smart Port Challenge Draws Record 586 Proposals, Names 2026 Winners

Smart Port Challenge Draws Record 586 Proposals, Names 2026 Winners

Subscribe for Maritime Logistics Professional E‑News

Oil giants rush in to help Italy's Meloni reduce energy costs by introducing fuel price caps
Maricarmen Abascal has died. She was the evicted Spanish 80-year-old who was at the heart of Spain’s housing protests.
US airlines oppose China’s bid to increase flights